€6 million has been announced for local projects under the Border Enterprise Development Fund.
It'll see jobs created, existing sustained jobs, and an Innovation Hub set up in Monaghan town.
An Innovation and Research Centre for the quarry and construction industry will be established at the W8 complex in Manorhamilton.
Close to €3 million in Government supports will be put towards modernising and developing both industries.
The project is a collaboration between W8 Centre, Enterprise Ireland, Sligo IT, South West College Enniskillen, Irish Manufacturing Centre Mullingar, Irish Concrete Federation, Irish Construction federation, Leitrim County Council and 40 Industry companies that support 10,000 jobs in the Border region
Cavan Monaghan ETB is to get over €2 million for a Training Centre of Excellence for Supply Chain, Logistics and Procurement.
It will focus on using robotics, 3D printing, and drone technology to address skills gaps and provide a stimulus for cross border trade.
A new Digital Innovation Hub planned for Monaghan town will receive €600,000.
It's planned to drive innovation in the agrifood and engineering sectors through AI, Coding and Machine Learning.
An Irish Wood and Furniture Manufacturing Network is to be set up in Scotstown.
It will create 50 jobs and support the 101 furniture manufacturers in the border region €312,000 has been ring-fenced for that.
Speaking following the announcement, Minister Heather Humphreys says the stimulus package represents a strong statement of commitment to the border counties.
